Report: 1.5M uninsured New Yorkers could get new tax credit

6:42 PM,
Apr. 4, 2013

Written by

Brian Tumulty
| Washington Bureau

An estimated 1.5 million uninsured New Yorkers are eligible for a federal tax credit to help them pay for health coverage starting in January, a report released Tuesday says.

The new tax credit, part of the 2010 health-care-reform law, will be paid directly to insurance companies to reduce out-of-pocket premium costs for those who qualify.

"For many of these folks it will be the first time in their lives that they have been able to afford insurance," said Rep. Joe Crowley, D-Queens. "Before the Affordable Care Act, if you lost your job, if you were self-employed or if your employer didn't offer ...